ATHENS, Greece, July 29, 2026 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of $11.9 million and net income attributable to common stockholders of $13.9 million for the second quarter of 2026, compared to a net income of $9.1 million and net income attributable to common stockholders of $8.6 million for the same period in 2025. Earnings per share, basic and diluted, for the second quarter of 2026 were $1.12 and $0.37, respectively. Revenue was $34.7 million ($32.9 million net of voyage expenses) for the second quarter of 2026, compared to $18.1 million ($17.6 million net of voyage expenses) for the same period in 2025. This increase was mainly attributable to the increase in ownership days...

REYKJAVIK, Iceland, July 29, 2026 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO; ALVO-SDB) (the “Company”), a global biotechnology company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that the U.S. Food and Drug Administration (FDA) has closed its inspection of the company’s manufacturing facility in Reykjavik, Iceland, conducted in May 2026. The FDA has confirmed the inspection classification of the manufacturing site is Voluntary Action Indicated (VAI). “This is an important milestone for Alvotech and reflects the significant work our teams have undertaken to further strengthen our quality systems and manufacturing operations,” said Lisa Graver, CEO of Alvotech. “With the conclusion of the FDA’s recent inspection, we are confident that the actions we have taken have...

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) — Pelican Acquisition II Corporation (Nasdaq: PLCIU, the “Company”) announced today that it has closed on July 27, 2026 its initial public offering of 8,625,000 units at $10.00 per unit, including the 1,125,000 units issued pursuant to the full exercise by the underwriters of their over-allotment option, resulting in aggregate gross proceeds of $86,250,000, before deducting underwriting discounts and estimated offering expenses. Each unit consists of one ordinary share of the Company and one right, with each right entitling the holder thereof to receive one-tenth (1/10) of one ordinary share upon the consummation of an initial business combination. The units are listed on The Nasdaq Capital Market (“Nasdaq”) and began trading under the ticker symbol “PLCIU” on July 24, 2026. Once the securities...

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) — Futurewave Acquisition Corporation (Nasdaq: FWACU) (the “Company”), a Cayman Islands exempted company, announced that holders of the Company’s units sold in its initial public offering may elect to separately trade the ordinary shares and warrants included in the units, commencing on or about July 31, 2026. Any units not separated will continue to trade on the Nasdaq Capital Market under the symbol “FWACU” and the separated ordinary shares, rights and warrants are expected to trade under the symbols “FWAC”, “FWACR” and “FWACW,” respectively. Only whole warrants will trade, and no fractional warrants will be issued upon separation of the units. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent,...

Bitcoin-only financial services company diversifies balance sheet with strategic allocation to high-performance, quantum-resistant blockchain infrastructure MIAMI, July 29, 2026 (GLOBE NEWSWIRE) — Rhino Bitcoin, Inc. (OTC:RHNO) a Bitcoin-only financial services company providing institutional-grade Bitcoin custody, trading, and wealth management solutions, today announced that it has accepted 500,000,000 Splendor Labs (SPLD) tokens of the Splendor mainnet as payment for Splendor’s purchase of 10,000,000 shares of common stock of Rhino Bitcoin. The tokens have been added to Rhino Bitcoin’s corporate balance sheet as a measured diversification strategy. Rhino Bitcoin will remain exclusively focused on Bitcoin, and has no intention of expanding beyond its Bitcoin-only service offering. The acceptance of SPLD tokens in connection with...

Exclusive Partnership Offers The Maidstone Guests Access and Savings on Flyte’s Private Travel Services Collaboration Marks the Beginning of a Long-Term Relationship Connecting Luxury Hospitality with Modern Private Aviation FORT MILL, S.C., July 29, 2026 (GLOBE NEWSWIRE) —  Flyte, a subsidiary of Catheter Precision, Inc. (NYSE American: VTAK) (“VTAK” or the “Company”), today announced a strategic partnership with The Maidstone, one of the Hamptons’ most iconic luxury boutique hotels, bringing Flyte’s private aviation experience directly to The Maidstone’s guests. Through the partnership, guests of The Maidstone will receive exclusive preferred pricing with Flyte when traveling to the Hamptons, creating a seamless luxury travel experience from departure to arrival. The collaboration...

New recurring commercial programs increase total physical crude oil marketing platform to approximately 18.4 million barrels annually. Dallas, TX, July 29, 2026 (GLOBE NEWSWIRE) — Vivakor, Inc. (Nasdaq: VIVK) (“Vivakor” or the “Company”), through its wholly owned subsidiary Vivakor Supply & Trading, LLC (“VST”), today announced the execution of two additional long-term recurring physical crude oil marketing programs expected to generate approximately $400 million of additional annualized commercial activity, increasing the Company’s announced commercial marketing platform to approximately $1.5 billion in annualized commercial activity, based on current market pricing assumptions. The new commercial programs consist of recurring physical crude oil purchase and sale transactions totaling...